Intellus Advisors LLC purchased a new position in shares of Union Pacific Co. (NYSE:UNP - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 46,345 shares of the railroad operator's stock, valued at approximately $10,569,000. Union Pacific accounts for about 1.8% of Intellus Advisors LLC's investment portfolio, making the stock its 22nd biggest position.
A number of other hedge funds also recently added to or reduced their stakes in UNP. State Street Corp increased its position in shares of Union Pacific by 0.9% in the third quarter. State Street Corp now owns 24,788,337 shares of the railroad operator's stock worth $6,109,829,000 after acquiring an additional 217,780 shares in the last quarter. Geode Capital Management LLC grew its stake in Union Pacific by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 12,813,686 shares of the railroad operator's stock valued at $3,146,451,000 after buying an additional 182,620 shares during the last quarter. Franklin Resources Inc. boosted its stake in Union Pacific by 9.3% during the 3rd quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator's stock valued at $1,795,993,000 after purchasing an additional 625,492 shares during the period. Fisher Asset Management LLC grew its position in Union Pacific by 0.3% in the 4th quarter. Fisher Asset Management LLC now owns 6,305,684 shares of the railroad operator's stock worth $1,437,948,000 after purchasing an additional 20,099 shares during the last quarter. Finally, FMR LLC lifted its position in Union Pacific by 0.6% in the third quarter. FMR LLC now owns 5,020,107 shares of the railroad operator's stock worth $1,237,356,000 after purchasing an additional 31,899 shares during the period. 80.38% of the stock is currently owned by institutional investors.
Insider Activity
In other Union Pacific news, President Elizabeth F. Whited sold 7,500 shares of Union Pacific stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,875,000.00. Following the completion of the transaction, the president now owns 64,960 shares of the company's stock, valued at $16,240,000. The trade was a 10.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Craig V. Richardson sold 6,495 shares of the business's stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $252.00, for a total transaction of $1,636,740.00. Following the transaction, the executive vice president now directly owns 26,319 shares of the company's stock, valued at approximately $6,632,388. This represents a 19.79 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.28% of the company's stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on UNP shares. Guggenheim upped their target price on shares of Union Pacific from $266.00 to $275.00 and gave the stock a "buy" rating in a report on Friday, January 24th. Raymond James reaffirmed a "strong-buy" rating and set a $285.00 price objective (up from $265.00) on shares of Union Pacific in a research note on Friday, January 24th. Benchmark upped their price objective on shares of Union Pacific from $266.00 to $275.00 and gave the company a "buy" rating in a research report on Friday, January 24th. Citigroup lifted their price target on shares of Union Pacific from $254.00 to $260.00 and gave the company a "neutral" rating in a research note on Friday, January 24th. Finally, Robert W. Baird increased their price objective on Union Pacific from $260.00 to $265.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $263.00.
View Our Latest Research Report on UNP
Union Pacific Stock Up 1.0 %
Shares of UNP traded up $2.25 on Wednesday, reaching $238.04. The company's stock had a trading volume of 1,709,846 shares, compared to its average volume of 2,301,154. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.76. The firm has a fifty day moving average of $242.98 and a 200-day moving average of $239.73. Union Pacific Co. has a twelve month low of $218.55 and a twelve month high of $258.07. The stock has a market capitalization of $143.84 billion, a PE ratio of 21.46, a PEG ratio of 2.15 and a beta of 1.05.
Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, topping the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.82% and a return on equity of 41.12%. During the same quarter in the previous year, the firm earned $2.71 EPS. Equities analysts predict that Union Pacific Co. will post 11.99 EPS for the current year.
Union Pacific Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, February 28th will be paid a $1.34 dividend. This represents a $5.36 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Friday, February 28th. Union Pacific's payout ratio is 48.33%.
Union Pacific Profile
(
Free Report)
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
Further Reading

Before you consider Union Pacific, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Union Pacific wasn't on the list.
While Union Pacific currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report